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🛑Direxion Launches New Crypto ETFs! 🛑

Direxion, managing over $40 billion in assets, is introducing two new exchange-traded funds (ETFs) focused on the digital asset industry. These ETFs, set to debut this Wednesday, cater to traders looking to capitalize on single-day moves within the crypto market.

The Direxion Daily Crypto Industry Bull 2X Shares and the Direxion Daily Crypto Industry Bear 2X Shares offer leveraged opportunities for both bullish and bearish positions. Designed for short-term trading, these ETFs allow sophisticated retail and high-velocity clients to potentially amplify gains or hedge against losses.

While leveraged ETFs have seen increasing popularity, crypto-related ETFs have faced challenges, with outflows noted in recent months. Despite this, Direxion aims to capture interest with unique tickers like LMBO and REKT, reflecting the crypto community's culture.

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